Funding | ICT

Funding


The availability of funding varies from jurisdiction to jurisdiction. Funding is available in some jurisdictions for programmes of study leading to ICA qualifications. Examples are given below that illustrate where funding is available.

Bahrain

Tamkeen offers a career progression programme that provides funding, which supports Bahrain nationals in the development of their careers. 

Isle of Man

Financial support for your studies may be available through the Isle of Man Department of Economic Development ‘Vocational Training Financial Support Scheme’. More information here.

Malaysia

The Asian Institute of Chartered Bankers (AICB) charges for training programmes according the category of employer. If the employer is a contributor to the Staff Training Fund (STF) this will significantly reduce the overall cost of the relevant ICA programme to the individual applicant. 

Singapore

The Institute of Banking and Finance Singapore (IBF) works closely with the Monetary Authority of Singapore (MAS) to develop the professional competencies of financial practitioners in Singapore.

In addition to administering regulatory and industry examinations, IBF is the national accreditation and certification agency in Singapore.

IBF Funding available:

  1. IBF Standard Training Scheme (IBF-STS) provides up to 70% funding for direct training costs subject to a cap of S$7,000 per candidates per programme subject to all eligibility criteria being met.
  2. IBF Financial Training Scheme (IBF-FTS) provides up to 50% for direct training costs subject to cap of S$2,000 per participant per programme subject to all eligibility criteria being met.

For more information on funding, IBF Certification and Continuing Professional Development (CPD) requirements, please visit:  www.ibf.org.sg

UK

The Ministry of Defence (MOD) provides an Enhanced Learning Credits Scheme (ELC), which is an initiative to promote lifelong learning amongst members of the Armed Forces. The ELC scheme provides financial support in the form of a single up-front payment in each of a maximum of three separate financial years.

 

Find The Right Course For You (1)

Tel: +44 (0)121 362 7534

Blogger facebook LinkedIn Twitter youtube google + Trust Pilot

© 2018 – International Compliance Training Ltd, a division of Wilmington plc. International Compliance Training Ltd, is a company registered in England & Wales with company number 4363296 GB. Registered office: Wilmington PLC, 5th Floor, 10 Whitechapel High Street, London. E1 8QS VAT NO.GB 899 3725 51